[House  Bill,  No.  107.1 

HOUSE  OF  REPRESENTATIVES,  May  23, 1S64.— Read  first 
and  second  times.  June  2,  180-4. — Engrossed,  read  a  third  time  and 
passed. 

A.   R.  LAMAR,  Clerk. 

SENATE,  June  3,  1864. — Read  first  and  second  times  and  refer- 
red to  Committee  on  Finnnce,  and  ordered  to  be  printed.  June  G, 
1804. — ]li  ported  -svitli  amemlraents,  and  amendment!?  ordered  to  lo 
printed. 


A    I3ILL 

To  be  entitled  an  not  to  amend  the  tax  laws. 

1  The    Congress   of  the    Confederale    Staffs   rf  America   do   enact, 

2  Tint,  llie  first,  second  and  third  sections  of  the  act  to  levy  addi- 

3  lioniil    taxes    for    the    coi^imon     defence    .an:'     srpport     of    the 

4  (jovernment,  approved  sevcuteenlh   February,  eighteen  handred  , 

5  p,nd  sixtvfnur.  bo  nmondfd  arid  re  enactn^  so  as  to  read  as 
f!  follows  : 

1  ^Sf.ctio.n  I.   That,  in  addition  to  ihc  taxes  levitii  by  tlie  act  to 

2  lay  taxes  for  the  common  defence  and  to  cany   on   the  Oovcrn- 

3  ment  of  the   Confederate*  States,  approved  April  twenty- fourth, 

4  eighteen  hundred  and  sixty-three,  there  sliall  be  levied  from  the 

5  seventeenth  day  of  February,  eighteen  hundred  and  sixty-four, 
G  on  the  subjects  of  taxation  hereinafter  mentioned,  and  collected 
7  from    every   person,  co-partnership,  association,  or    corporation 

4 

S     liable  therefor,  taxes  as  ftdlows — to-wit : 


5 

9  I.  Upon  the  value  of  all  property,  real,  personal  and  'mixed, 

10  of  every  kind  and  description,  not  hereinafter  exempted  or  taxed 

11  at  a  different  rate,  five    per   cent. :   Provided,    That  from  the  tax 

12  on  the  value  of  property   employed  in   agriculture   shall  be  de- 

13  ducted  the  value  of  the  tax  in  kind  derived  therefrom  during  the 

14  same  year,  as  assessed  under  the  law  imposing  it,  and   delived 

15  to  the  Government,  Avhether  delivered  during  the  year  or  after- 

16  ward?,  including  the  bacon  deliverable  after  and  not  prior  to  the 

17  assessment  after  the  tax  on  property  employed  in   agriculture,  as 

18  aforesaid,  and  the  collection   of  the   tax   on  such  property  shall 

19  be  suspended  after  assessment,  under  the  order  of  the  Secretary 

20  of  the  Treasury,  until  the  value  of  the  tithes  to  be  deducted  can 

21  be  ascertained;  and,  ^bcn  so  ascertained,  it  shall  be  the  duty  of 

22  tlic  post  quartermaster  to  certify,  and  .of  the  district  collector  to 

23  deduct  the  amount  of  such   tithes.     And  any  balance  found  due 

24  may  be  paid  in   bcinds   and   certificates  authorized   by  the  act  to 

25  reduce  the  currency  and  to  authorize  a  new  issue  of  notes  and 
2C  bonds,  in  like  manner  as  taxes  payable  during  the  year. 

27  11.  On  the  value  of  gold  and  silver  ware,  and  plate,  jewels, 

28  jewelry  and  watches,  ten  per  cent.     <  ►n  the  value   of  all  shares 

29  or  interests  held  in  any    bank,  banking  company  or  association, 

30  canal,  navigation,  importing  and  exporting,  insurance,  manu- 
81  facturing,  telegraph,  express,  railroad,  dry  dock  companies,  and 
32  all  other  joint  stock  companies  of  every  kind,  whether  incorpo- 


3 

33  rated  or  not,  five  p$r  cent.,  which  tax  shall  be   assessed  against 

34  and  paid  by  the  company  in  each  case.     And  when  the  shares  or 

35  interests  in  any  such   company  arc  taxed,  no  other  tax  shall  be 

36  imposed  under  this  act  upon  any  property  of  such  company  rep- 

37  resented  by  the  valuation  of  such  shares  or  interests,  as  directed 

38  in  the  second  section  of  this  act,  except  the  tax  imposed  by  the 

39  first  para;graph  after  third  section  of  this  act. 

1  Sec.  2.     The   value  of  property,   shares  and  interests  taxed 

2  under  the  preceding  section  shall  be  assessed  on  the  basis  of  the 

3  market  value  of  the  same  or  similar  property  in  the  neighbor- 

4  hood,  wheVe  assessed  in   the   year  eighteen   hundred  and  sixty, 

5  except  that  where  lands,  slaves,   shares   or  interests  have  been 

6  purchased  since  the  first  day  of  January,  eighteen  hundred  and 

7  sixty-two,  other  than  land  purchased  by  refugees  and  held  and 

8  occupied  by  them  for  their  own  use  and  residence,  they  shall  be 

9  assessed  at  the  price  actually  paid  for  them  by  the  owner,  or,  if 

10  for  any  cause  that  cannot  be   ascertained,  then  at  the  market 

11  value  at  the  time  of  such  purchase.     Shares  or  interests  created 
It  since  the  year  eighteen  hundred  and  sixty  shall  be  assessed  at 

1 3  their  actual  cost  to  the  present  holder  :  Proinded,  That  no  shares 

14  or  interests  which  are  now  worth  par,  or  over  par,   shall  bo  as- 

15  sessed  at  less  than  par. 

1  Sec.  3.  Upon  the  amount  of  all  gold  and  silver  coin,  gold  dust, 

2  gold  and  silver  bulliou,  unlees  purchased  since  the  first  day  of  Jan- 


4 

3  uary,  eighteen  hundred  und  sixty-two^and  then  upon  the  actual 

4  cost  to  the  present  holder,  ten  per  cent.,  except  where  the  ejinie 
o  is  already  included  in  the  tax  on  shares  or  interests  imposed  by 
G  the  first  section  of  this  act,  and  in  such  case   ten.  per  cent.   Icus 

7  the   amount  of  ta.x   so   imposed.       And    upon    the   value  of  all 

8  moneys  held    abroad   or  bills  of* exchange    drawn    therefor,  and 

9  prommiffsory  notes,  rights  and  credits  payable  in  foreign  countries, 

10  five  per  cent.,  according  to  the  value  thereof  at  the  place  where 

1 1  the  tax  thereon  is  payable  at   the  time  of   assessment,   except 

12  where  the  same  is  included  in  the  tax  on  shares  or  interests  im- 

13  posed  by  the  first  section  of  tViis  act,  and  then  five^er  cent,  less 
\4  the  amount  of  tax  so  imposed,  payable  in  Confederate  treasury 
15  notes  <jr  four  per  cen£.  bond.-<  or  certificates  authorized  by  the 
It)  act  of  February   seventeenth,  eighteen  hundred  and  sixty-four, 

17  to  redcco  the  currencv  and  authorize  a  new    issue  of  notes  and 

18  bonds." 

lU          11.     rpon   the  amount  of  all   solvent   credits   and  of  all  bank 

20  bills,  and  all  other  paper  icucd  as  currency — exclusive  of  non-    ^ 

21  intcrest-boaring  Confodoratj-  notes  and  Confederate   bonds — and 

22  not  employed  in  a  rcgisten-d  business,  the  income  derived  frera 
2.5  which  is  taxed,  five  per  cent,  upon  the  par  value  thereof:  Fru- 
24  vided,  That  the  income  derived  from  Confederate  bonds  and 
2.5  interest-bearing  Confederate  treasury  noles  shall  be  taxed  as 
2(i  other  income. 


1  ISec.  4.   That  paragrapli  four,  of  section  five,  of  the  same  act, 

2  be  iunciKied  by  addiug  thereto  as  lollosvs  :   "la  case  of  disagree- 

3  meut  between  the  owner  and  the  officer  as  to  the  reduction  of 

4  taxes  under  thia"  section,  the  question  shall  be  settled  by  referees 

5  as  is  provided  in  other  cases  of  disagreement  under  the  eighth 

6  section  of  the  act  to  amend  an  act,  entitled  an  act  to  lay  taxes 

t 

7  for  the  common'  defence  and  carry  on   the  Government  of  the 

8  Confederate  States,  approved  February  17th,  1864." 

.  1  Skc»  o.  That  paragraph  six,  section  four,  of  the  act   to   amend 

2  an  act  entitled,  "An  act  to  lay  taxes  for  the  common  defence  and 

3  carry  on  the  Government  of  the  Confederate  States,"  approved 

4  February  1 7th  18^4,  he  and  the  same  is  hereby  amended  so  as 

5  to  include  as  wholesale  dealers,  manufacturers,  and  coal  and  other 
6.  miners,  and  salt  manufacturers,  who  make  it  a  business  to  sell 

7  their  own  products  to  other  dealers  to  sell  again  ;  and  that  sec- 

8  tion  sixteen,  of  the  same  act,  be  and  is  hereby  amended  so  as  to 

9  read  as  follows :  *  -^^ 

10  I.  The  income,  property,  and  money  other  than  Ofenfederat^ 

1 1  treasury   notes,  of  hospitals,  assylums,    churches,  schools,  col- 

12  leges,  and  other  charitable  institutions,  shall  be  exempt  from 

13  taxation  under  the  provisions  of  this  act  or  any  other  law.  The 
M  property  of  companies  formed  under  the  act  entitled,  "An  act  to 
\o  establish  a  volunteer  navy,"  shall  be  exempt  from  taxation  ex- 
1 6  cept  on  the  income. 


17  II.   That  paragraph  six,  section  Rcvcn,  of  the  same  act.  lie  and 

18  the  Mine  i»  hereby  nnicndcU  by  addiug  thereto  as  ioUows  :     "If 

19  any  person  shall  fail  to  make  <luc  return,  as  required  by  said 
2n  section,  of  the  income  or  profits  taxed  under  any  law  of  Cojigress, 

21  or  in  case  of  drsagreement  with  the  assessor,  to  submit  the  same 

22  to  referees,  as  provided  by  law,  or  shall  fail  or  refuse  to  pay  the 

23  tax  thereon,  within  such   time  as  shall  be  prescribed  by  public 

24  notice,  by  the  district  collector,  under  the  direction  of  the  Com- 

25  missicner  of  Taxes,  such  person  shall  be  deemed  and  held  to  be 

26  in  default. 

1  Sec.  6    That  this  act  shall  not  be  so  construed  as  to  subject 

S  to  taxation  corn,  bacon,  and  other  agcicultuial  products  which 

3  were  produced  in  the  year   1863,  and  in  the  possession  of  the 

4  producer  on  the  15th  of  February,  1«64,  and  necessary  for  the 

5  support  of  himself  and  family  during  the  present  year,  and  from 

6  or  on  which  taxes  in  kind  had  been  deducted  and  delivered  or 

7  sf 

1  Sec.  7.  That  section  four,,  paragraphs  one  and  two,  of  the  act 

2  approved  February  17,  1864,  entitled  "An  act  to  levy  additional 

5  taxes  for  the  common  defence  and  support  of  the  Government," 
4  b«  so  amended  as  to  levy  an  additional  tax  of  fifty  per  cent,  upon 

6  the  amount  of  all  profits  made  by  selling  the  articles  mentioned 

6  in  the  said  paragraphs,  between  the  17th  day  of  February,  1864, 

7  and  the  first  day  of  July  next,  which  additional  tax  shall  be  col- 

8  lected  under  said  act. 


DEC 


AMENDMENTS 

Proposed  by  the  Committee  on   Finance  to  the  bill  (H.   R.  107)  to 
amend  the  tax  laws. 

1  I.  Section  one,   line  seventeen,  strike  out   the  word  "  after" 

2  and  insert  the  word  <*  of." 

1  II.  Section    one,  line    twenty-three,    strike    out    the    word 

2  **  amount,"  and  insert  the  word  **  value." 

1  III.  Section  one,  line  twenty-four,  after  the  word  ♦*  certifi- 

2  Gates,"  insert  the  word  "  therefor." 

1  IV.   Section  one,  line  twenty-six,  after  the  word  •*  as,"  insert 

2'  the  word  "  other." 

1  V.  Section  one,  line  twenty-six,  at  the  end  of  paragraph  first, 

2  add  the  following :  "Provided  that  no  credit  shall   be  allowed 

3  beyond  five  per  cent."    '  ,  ' 

1  VI.  Section  one,  line  twenty-nine,  in  paragraph  second,  after 

2  the  word  *'  any,"  strike  out  all    down  to,  and  inclusive  of,    the 

3  word  *' not,"  in  line   thirty-three,  and  insert  in   lieu  thereof  as 

4  follows :  '*  Railroad  or  canal  company,  or  in   any  incorporated 

5  bank,  banking  company  or  association." 

1  VII.  Section  one,  line  thirty-nine,  near  the  close  of  paragraph 

2  second,   strike  out  the  word  "after"'  and  insert  the  words  "of 

3  the." 


1  VIII.  Section  two,  line  eight,  strike  out  the  words  '•  and  reSi- 

2  dcnce."   • 

• 

1  IX.   Section   two.   lino  thirteen,  strike  out  the  words  "actual 

2  cost  to  the  present   hoMor"'  and  insert  the  words  **  market  value 

» 

.'3  on  the  17th  day  of  February,  in  the  year  18i'4." 

i  ^X.  ^tril»  out  all  of  paragraph  one,  section  three,  and  insert 

2  in  I'oii  tlicrodf.is  follows:  "  Tpon  all  proUl  ami  silver  coin  esti- 

3  mated  at  par,  and  upon  all  gold  dust  and  gold  and  silver  bullion, 
I  estimated  at  its  value  in  specie,  unless  purchased  since  the  Ist 
o  day  of  January,  1862,  and  then  estimated  at  the  actual  value  in 
G  Confcdeniie  treasury  notes,  ten  per  f-nt  .except  where  the  same 

7  has  :i!rc:i'ly  l»"rii  included  in   the  tax  on   siiares  or  interests,  un- 

0 

8  der  the  provisions  of  the  first  section  of  this  act,  and  in  that  case^ 

9  on  the  amount  llius  included,  estimated  at  its  specie  value,  there 

10  filAl!    Ito  iNvid  a  tax   of  live   ))er  cent.:   Provided,  That  nothing 

11  iicrciii  contained  shall  bo  so  coustrueil  as  to  tax  specie  required 

12  by  tho  provisions  of  its  charter,  to  be  held  and  kept  on  hand  by 

13  any  bank;  and  upon    all   moneys  held   abroad,  or  bills  of   ex- 

1}  cliiitr."'  drawn  tlicrefoi-,  and  all  pro'misory  notes,  rights,  credits 

15  and  securities,  payatde   in  furci^n  couutrios,  five  per  cent,  upon 

IG  tho  value  thereof  in  Confederate  treasury  notes  on  the  17th  day 

17  of  February,  in  the  year  18G4.  at  the  place  whore  tho  tax  thereon 

•f  I 

IS  is  payable,  excopt  that  where  tho  same  is  included  in  the  tax  on 

10  sharos  or  intertst,  imposed  by  the  first  section  of  this  act,  then 


•      9         . 

20  and  in  that  case  there  shall  be  deducted   from  the  tax  assessed 

2!  thereon,  according  to  the  value  of  1864,  as    aforesaid,  a  sunJi 

22  equivalent  to  five  per  cent,  on  the  specie  value  of  said  moneys 

23  held  abroad,  or  bills  of  exchange  drawn  therefor,  and  promisory 

24  notes,  sight  credits,  and  securities  payable  in  foreign  countries  : 

25  Provided,  That  all  the  taxes  imposed  under  the  provisions  of  this 

26  act  shall  be  payable  in  Confederate  treasury  notes,  as  prescribed 

27  by  law,  or  four  per  cent,  bonds  or  certificates,  therefor  authorized 

28  by  the  act  of  February   17,  1864,  to  reduce  the   currency,  and 

29  authorize  a  new  issue  of  notes  and  bonds." 

.1  XI.  Section  three,  paragraph  two,  line  twenty-one,  strike  out 

2  the  words  **  and  Confederate  bonds." 

1  XII.  Section  three,  paragraph  second,  strike  out  the  proviso. 

1  XIII.  Add  as  paragraph  third,  to  section  three,  the  following  : 

2  **  On  the  value  of  all  shares  or  interests  in  any  navigation,  im- 

3  porting,  exporting,  insuranc?^,  manufacturing,  telegraph,  express 

4  and  dry  dock  companies,  and  all  other  joint  stock  companies,  of 

5  every  kind,  whether  incorporated   or  not,  except  such  as  are 

6  herein  otherwise  provided  for,  estimated  at  their  market  value 

7  in   Confederate  treasury  note's,  on   the    1 7th  day  of  February. 

8  1864,  in  the  neighborhood  who^e  assessed,  five  per  cent. 

1  XIV.  Section  five,  line  thirteen,  after  the  word  "  law,"  insert 

2  **  bonds  i.ssued  by  any  State  and." 

1  XV.  Section    five,    line    twenty-eight,    add    after    the    word 
9- 


Ill     • 

2  "  default,"  at  the  end  of  paragraph  two,  eectiou  five,  the  fellow- 

•S  ing  :  "  Provided,  That  such  person  shall  not  be  deemed  and  held 

4  to  be  in  default  who  may  fail,  or  has  failed,  to  make  payment  or 

5  due  returns  in  consecjuence  of  the  presence  or  interference  of 
t)  the  enemy,  or  the  absence  or  neglect  of  the  officers  charged  with 
7  the  assessment  and  collection  of  taxes." 

1  XVI.   Section  five,  strike  out  in  line   first  the  words,  "  para- 

2  graph   sixth,   section    four,"   and    insert    the    words,    "  section 

3  sixteen." 

1  XVII.  Section  five,  lines   four  and  five,  strike  out  after  the 

2  words  "  as  to  "   all  down  to  and  inclmling  the  j^ords  "  as  to  "  in 

3  line  eight. 

1  XVIII.  Section  six,  after   the  word  "  family,"   in   line  fire, 

2  insert  the  words,  *'  and  to  c.irry  on  his  ordinary  business." 

1  XIX.  Section  seven,  line  four,  strike  out  the  word  "fifty" 

2  and  insert  ♦*  twenty."  % 

1  XX.  Add  as  section   eight:  "That  on  all   treasury  notes  of 

2  the  old  issue,  of  the  denomination  of  five  dollars,  not  exchanged 

3  for  new  issue  prior  to  Ist  day  of  January,  1865,  and  which  may 

4  remain  outstanding  on  that  dSy  a  tax  of  one  hundred   per  cent. 

5  is  hereby  imposed." 

1  .\XI.  Add  as  section  nine  :   "  That  .section  seven   of   an  act 

2  entitled  '  An  act  to  levy  additional  taxes  for  the  common  defence 

3  and  support  of  the  Government,'  approved  17th  February,  1864, 


.11 

«4  be  and  the  same  is  hereby  repealed,  and  the  following  inserted  in 

6  lieu  thereof:  * 

6  "I.  The  first  section  of  the  act  to  levy  taxes  foF  the  common 

7  defence  and  to  carry  on  the  Government  of  the  Confederate 
<S  States,  approved  24th  April,  1863,  is  suspended  for  the  year 
9  1864. 

lU         "  11.   In  all  cases  where  a  taxialevied  on  ii^ome  derived  from 

1 1  property,  on  the  amount  or  value  of  w^ich  an  ad  valorem  tax  is 

1 2  laid,  the  ad  valorem  tax  shall  be  deducted  from  the*  income  tax  : 

13  Provided,  That  in  no  case  shall  lessi  be  paid  than  the  »d  val.orem 

14  tax.- 

15  •'  III.   In  the  assessment  of  income  derived  from  manufactur- 

16  ing  or   mining  there  shall  be  deducted  from  the  gross  income  or 

17  profits  the  necessary  annual  repairs,  not  exceeding  ten  per  cent. 

18  on  the  amount  of  the  income*  derived  therefrom,  and,  in  addition 

19  to  the  deductions  now  allowed  by  law,  the  following  shall  be 

20  made — namely ;    The  Confederate  taxes   actually  paid   by  the 
SI  owner  on  sales  made  by  him,  and  the  commissions  actually  paid 

22  by  the  consignor  or  shipper  for  selling,  and  in  the  production  of 

23  pig  metal  or  pig  iron  the  coet  of  fuel  in  smelting. 


